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Shell Secures 600 MW Solar Project in Germany

Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real estate and infrastructure assets across Europe. Microsoft has already secured […]

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TPREL, Juniper Green Emerge as Successful Bidders in 225 MW Renewable Hybrid Auction

Tata Power Renewable Energy Limited (TPREL) and Juniper Green Energy have emerged as winners in Tata Power’s auction. The tender was issued for the development and procurement of 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects. It also entails a greenshoe option of 225 MW on a long-term basis. Juniper Green Energy […]

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Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage

Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […]

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Google to Power Irish Offices & Data Centre with Solar from Power Capital

Ireland-based Power Capital Renewable Energy (PCRE), which delves into the design, development, financing, building and operation of solar power plants, has entered into a power purchase agreement (PPA) with American multinational technology firm Google. The agreement will help power up the data centre and offices of Google in Ireland with solar energy worth 58 MW […]

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RWE Kicks Off Two Solar Plus Battery Projects in Garzweiler Mine

German multinational energy firm RWE installed 58,000 photovoltaic modules in the Garzweiler opencast mine. The modules also boast two battery storage facilities. The project is supplying solar energy to over 7,250 German households per year. The project employs bifacial modules, that capture sunlight from not only both the sides, but also uses light reflected from […]

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India On A Right Track Towards Net-Zero But Need Finances: Report

A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […]

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NLCIL Solicits Bids for 70.5 MW Solar Modules

Lignite mining firm NLC India (NLCIL) has solicited bids for the acquisition of 70.5 MW of solar modules for a project established on rehabilitated land within the Mine-II region in Neyveli, Tamil Nadu. The scope of work entails module production, delivery, packaging, forwarding, and transportation to the designated site. The solar photovoltaic modules must meet […]

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Airtel To Source 23,000 MWh of Renewable Power For 6 Data Centers

Telecom operator Airtel today announced that it would purchase 23,000 MWh of renewable energy by Q4 FY 23-24 for its data center company, Nxtra.  The telecom firm will acquire stakes in the renewable energy project companies established by Continuum Green India Pvt. Ltd. and Vibrant Energy Holdings Pte. Ltd. to power six of Nxtra’s Edge […]

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NIIF-Backed Ayana Renewable Power To develop 330 MW RE Capacity For Hindalco 

Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Investment and Infrastructure Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, for the supply of 100 MW of Round-the-Clock […]

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